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Canada loses 2,100 jobs in April, Alberta lost most

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Staff writer ▼ | May 9, 2016
Canadian economy continued defying economists’ expectation by shedding manufacturing jobs in April even as the lower Canadian dollar was supposed to boost the manufacturing sector.
Canadian economy
Employment   Unemployment rate stayed steady at 7.1 percent
Canada lost 2,100 jobs in April, and the unemployment rate stayed steady at 7.1 percent, according to Statistics Canada.

Growth in wholesale and retail trade sectors were mostly responsible for job gains in the service sector, which added 35,000 new jobs, in April. But that was offset by a large drop in goods-producing industries.

The western province of Alberta, once Canada’s economic engine, lost 20,800 jobs in April — more than all the other provinces combined.

But Alberta’s drop was slightly offset in the national figure by a gain of 13,000 jobs in neighbouring British Columbia. The province’s unemployment rate fell 0.7 percentage points to 5.8%—the lowest rate among the provinces.

Newfoundland and Labrador added 6,100 jobs, and the unemployment rate edged down to 12.5 percent. New Brunswick added 3,900 jobs, and the unemployment rate fell 0.6 percentage points to 9.6 percent. Employment was essentially unchanged in Ontario and Quebec.


 

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